Result of General Meeting

RNS Number : 8462X

Digital Barriers plc

13 December 2010

 

13 December 2010

Digital Barriers plc
("Digital Barriers" or the "Company")

Result of General Meeting

On 26 November 2010, Digital Barriers announced the proposed Placing of 18,750,000 New Ordinary Shares at 160 pence per share.  The Placing was subject, inter alia, to approval by Shareholders of the Resolutions set out in the Notice of General Meeting.

The Company is pleased to announce that all of the Resolutions were passed at the General Meeting which took place earlier today.

Voting results

The ordinary resolution to approve the allotment of 18,750,000 new ordinary shares

FOR: 13,976,555 ordinary shares (99.93%)              AGAINST: 7,000 ordinary shares (0.05%)

The special resolution to approve the disapplication of pre-emption rights

FOR: 13,975,555 ordinary shares (99.91%)              AGAINST: 9,000 ordinary shares (0.06%)

The Placing remains conditional, inter alia, upon Admission.  Admission is expected to become effective at 8.00 a.m. on 14 December 2010.

Terms defined in the circular dated 26 November 2010 have the same meaning in this announcement, save where the context otherwise requires.

Enquiries:

Digital Barriers PLC	Tel: [phone]
Tom Black, Executive Chairman
Colin Evans, Managing Director
Investec Investment Banking	Tel: [phone]
Andrew Pinder
Dominic Emery
Financial Dynamics	Tel: [phone]
Edward Bridges
Matt Dixon

 

END

 

 

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